JP Morgan Faces Another Hefty Fine, Traders Hit The Sell Button
January 07, 2014 at 18:41 PM EST
Shares of JP Morgan (NYSE: JPM ) were the laggard in the financial group Tuesday, down more than 1 percent after an agreement totaling $1.7 billion in charges was reached between the bank and victims in the Bernie Madoff fraud. The case was grounded in the relationship JP Morgan